Manchester Financial Inc. Trims Holdings in First Trust Multi-Manager Small Cap Opportunities ETF $MMSC

Manchester Financial Inc. trimmed its position in First Trust Multi-Manager Small Cap Opportunities ETF (NYSEARCA:MMSC) by 1.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 275,405 shares of the company’s stock after selling 4,453 shares during the period. First Trust Multi-Manager Small Cap Opportunities ETF comprises about 1.2% of Manchester Financial Inc.’s investment portfolio, making the stock its 23rd largest position. Manchester Financial Inc. owned about 0.23% of First Trust Multi-Manager Small Cap Opportunities ETF worth $5,685,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MMSC. Brookwood Investment Group LLC purchased a new position in First Trust Multi-Manager Small Cap Opportunities ETF in the 1st quarter valued at about $1,401,000. Jaffetilchin Investment Partners LLC lifted its holdings in First Trust Multi-Manager Small Cap Opportunities ETF by 26.4% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 213,298 shares of the company’s stock valued at $3,878,000 after purchasing an additional 44,607 shares in the last quarter. Trinity Legacy Partners LLC increased its stake in shares of First Trust Multi-Manager Small Cap Opportunities ETF by 10.4% during the 1st quarter. Trinity Legacy Partners LLC now owns 189,586 shares of the company’s stock valued at $3,680,000 after acquiring an additional 17,782 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of First Trust Multi-Manager Small Cap Opportunities ETF by 42.8% during the 1st quarter. Cetera Investment Advisers now owns 36,610 shares of the company’s stock valued at $666,000 after acquiring an additional 10,973 shares during the last quarter.

First Trust Multi-Manager Small Cap Opportunities ETF Price Performance

NYSEARCA MMSC opened at $23.72 on Friday. First Trust Multi-Manager Small Cap Opportunities ETF has a 12 month low of $15.78 and a 12 month high of $24.61. The company has a 50-day moving average of $22.70 and a 200-day moving average of $20.56. The company has a market cap of $28.46 million, a P/E ratio of 33.47 and a beta of 0.96.

About First Trust Multi-Manager Small Cap Opportunities ETF

The First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that utilizes a multi-manager approach to provide exposure to small-cap US growth stocks. MMSC was launched on Oct 13, 2021 and is managed by First Trust.